BSECompany Update4 Aug 2026 · 4 Aug 2026, 04:35 pm

Company has completed the acquisiton of 71% Equity Shares of DS Pipeline Projects Limited. Henceforth Acquired Company has become the subsidiary Company of Rudra Gas Enterprise Limited. ....

Rudra Gas Enterprise Ltd · 544121

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Rudra Gas Enterprise Ltd has completed the acquisition of 71% equity shares of DS Pipeline Projects Limited, making it a subsidiary company.

Analysis Scores

Earnings Impact6/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment8/10

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Full Announcement

Rudra Gas Enterprise Ltd - 544121 - Announcement under Regulation 30 (LODR)-Updates on Acquisition

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To, Date: 4th August, 2026 Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400001 Scrip Code: 544121 Dear Sir/Ma’am, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Purchase of shares of the company Reference: Intimation dated March 03, 2026 regarding outcome of the Board Meeting. Sir/ Madam, In continuation to our above referenced intimation to the stock exchanges dated March 03, 2026 and 1st April, 2026, the Company has further entered into the Shareholders’ Agreement in connection with the proposed acquisition of Equity share capital of DS Pipeline Projects Limited (“DSPL”) for a value of INR 18,38,28,330 (Indian Rupees Eighteen Crore Thirty Eight Lakh Twenty Eighty Thousand Three Hundred and Thirty) by purchasing the approx 71% of Equity of DSPL for which the consideration amount has been paid by the Company. The detailed disclosure(s) as required under Regulation 30 of the LODR read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 (“Circular”) for compliance with the relevant provisions of LODR by listed entities concerning the proposed acquisition of the Target Company by the Company is enclosed as Annexure A to this letter. The aforesaid information will also be hosted on the website of the Company at www.rudragasenterprise.com You are requested to take the same on your record. Thanking you, For Rudra Gas Enterprise Limited Kush Surendrabhai Patel Managing Director DIN: 07257552 Annexure-A Disclosure of details pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 Sr. No. Particulars Details 1. Name of the target entity, details DS Pipeline Projects Limited (“DSPL”) in brief such as size, turnover etc. For turnover during the last 3 (three) financial years, please refer to point number 10 in this table. 2. Whether the acquisition would fall The proposed acquisition does not fall within the purview within related party transaction(s) of a related party transaction and the promoter/ promoter and whether the promoter/ group of the company does not have any existing interest promoter group/ group companies in DSPL. have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. 3. Industry to which the entity being DSPL operates in the gas pipeline sector, focusing on acquired belongs. laying of High-Pressure Steel Gas Pipeline in the city area, Medium Density Polyethylene Pipeline and PNG Connections. 4. Objects and effects of acquisition The objective of the proposed acquisition is to further (including but not limited to, diversify and inorganically expand the existing business disclosure of reasons for operations of the Company. acquisition of target entity, if its business is outside the main line of business of the listed entity). 5. Brief details of any governmental The Sellers have obtained all Third Party Consents in or regulatory approvals required connection with the Transaction (as may be applicable in for the acquisition. respect of the Company), which consents do not have any objection nor require any amendment, condition or undertaking that is not to the Purchaser’s satisfaction 6. Indicative time period for Time Period for Completion of the Acquisition as completion of the acquisition. defined in the Definitive Agreement, is on 4th August, 2026, or such other date as may be mutually agreed between the Parties, (such date being the “Closing Date”). On the Closing Date, RGEL shall pay to the respective Sellers, a total consideration towards the purchase of shares from each of the Seller. 7. Nature of consideration - whether The Company proposes to pay the Purchase cash consideration or share swap consideration of INR 18,38,28,330 (Indian Rupees and details of the same. Eighteen Crore Thirty Eight Lakh Twenty Eighty Thousand Three Hundred and Thirty) to DSPL for purchasing its selling shares by way of payment through banking channels. 8. Cost of acquisition or the price at INR 18,38,28,330 (Indian Rupees Eighteen Crore Thirty which the shares are acquired. Eight Lakh Twenty Eighty Thousand Three Hundred and Thirty) 9. Percentage of shareholding/ 87,53,730 fully paid-up equity shares of DSPL control acquired and / or number representing 71% of the aggregate paid-up share capital of shares acquired. of on a fully diluted basis. 10. Brief background about the entity DSPL is a Public limited company incorporated under acquired in terms of products/line the Companies Act, 2013, bearing corporate of business acquired, date of identification number U45309DL2019PLC355850 and incorporation, history of last 3 having its registered office at 310, 3rd Floor, Plot No. 15, years turnover, country in which Nipun Tower Commercial Center, Karkardooma, East the acquired entity has presence Delhi, Delhi – 110092. and any other significant information (in brief). DSPL operates in the gas pipeline sector, focusing on laying of High-Pressure Steel Gas Pipeline in the city area, Medium Density Polyethylene Pipeline and PNG Connections. Last 3 (three) financial years’ revenue of DSPL (INR Thousands): FY 2024-25 – 8,48,505 (audited) FY 2023-24 – 6,94,867 (audited) FY 2022-23 – 5,32,515 (audited)